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Digital Assets Market Update 12 August 2019

Digital Assets Market Update 12 August 2019

Latest news and updates from the digital assets market

Artificial Intelligence Might Help Eradicate Fake Cryptocurrency News

Artificial Intelligence Might Help Eradicate Fake Cryptocurrency News

Deepfakes may jeopardize the future because they might make fake news to blend seamlessly into our daily lives. As a result, people’s actions and viewpoints might be substantially influenced, especially in the crypto space.

Crypto Is Entering the Early Stages of Mainstream Adoption, says Kraken CEO

Crypto Is Entering the Early Stages of Mainstream Adoption, says Kraken CEO

Jesse Powell, the co-founder and CEO of crypto exchange Kraken, believes that the crypto sector is in its early stages of mainstream adoption.

Behind the Bitcoin Price Rally: FOMO Buying Which Overpowered Profit Takers

Behind the Bitcoin Price Rally: FOMO Buying Which Overpowered Profit Takers

Woo’s model suggested that the estimation of Bitcoin reaching $100,000 is a very low target according to the current trajectory.

Why Early Bitcoin Investors "Were not as Lucky” - Crypto Advocate

Why Early Bitcoin Investors "Were not as Lucky” - Crypto Advocate

Bitcoin advocate Pierre Rochard believes those adopting Bitcoin today are luckier than those who adopted the cryptocurrency earlier.

Microsoft Bitcoin-Based Identity Tool Launches Beta Version

Microsoft Bitcoin-Based Identity Tool Launches Beta Version

Microsoft’s decentralized identity (DID) tool, ION which is based on the Bitcoin blockchain, launched a beta version on bitcoin's mainnet on Wednesday.

Consol Freight CEO talks crypto, fiat investments and protestors at Malta AI and Blockchain Summit

Consol Freight CEO talks crypto, fiat investments and protestors at Malta AI and Blockchain Summit

Ernesto Vila, CEO of Consol Freight, presented at the November 2019 Malta AI and Blockchain Summit where he was tasked with commenting on the statup investor landscape and questioned if the blockchain sector was different from traditional tech.

Exclusive: Talent Shortage is The Key Pain Point in the AI Industry

Exclusive: Talent Shortage is The Key Pain Point in the AI Industry

Artificial intelligence is one of the emerging fintech trends in Hong Kong. While there are some great minds and AI companies in Hong Kong, they can’t survive without sufficient funding and technical support from government and industry leaders. We had the opportunity to invite Timothy Leung, Executive Director of HKAI Lab, to share his thoughts on how HKAI Lab facilitates the growth of AI ecosystem in Hong Kong. He also identified talent shortage is the key pain point in AI industry which hinders integration of AI and blockchain.

Ripple CTO Explains Why Banks Have Been Lagging Behind on XRP Adoption

Ripple CTO Explains Why Banks Have Been Lagging Behind on XRP Adoption

Ripple’s chief technical officer (CTO) David Schwartz explained why the company’s native XRP cryptocurrency has not been more readily adopted by banks.

Creditors of Defunct Crypto Exchange Cryptopia Can Now File For Claims With Audit Firm Following Massive Hack

Creditors of Defunct Crypto Exchange Cryptopia Can Now File For Claims With Audit Firm Following Massive Hack

The creditors of the now-defunct New Zealand based cryptocurrency exchange Cryptopia can now file for claims with appointed audit firm Grant Thornton.

Bitcoin Price to Reach $100,000 in 2025 as BTC is Increasingly Becoming Digital Gold, says Bloomberg

Bitcoin Price to Reach $100,000 in 2025 as BTC is Increasingly Becoming Digital Gold, says Bloomberg

Bitcoin could take five or more years to reach the price of $100,000, according to Bloomberg’s demand indicators.

Five Russian Banks Ready to Lead Russia's CBDC Pilot Test

Five Russian Banks Ready to Lead Russia's CBDC Pilot Test

Five Russian Banks will participate in the pilot test for the Bank of Russia’s proposed Digital Rubble following the release of its public consultation report.

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